China’s Ningbo Mitsubishi Chemical plans new 1m tonne/year PTA plant

04 July 2011 15:50[Source: ICIS news]

HONG KONG (ICIS)--China’s Ningbo Mitsubishi Chemical plans to build a new 1m tonne/year purified terephthalic acid (PTA) plant at Ningbo in eastern Zhejiang province, a company official said on Monday.

“We are planning to build a 1m tonne/year PTA unit in Ningbo and we will soon submit some documents to seek the government’s approval,” Miyauchi Takaharu, executive vice-president of the company’s marketing department, said on the sidelines of the Global PX-Polyester Chain Focus 2011 conference.